Latest News for JSL Stock (OTC:JSLGY)

JSL SA is a Brazil-based logistics company. It provides services of intercity, interstate and international road freight transport; chartered passenger transport; logistical organization of freight transport; storage, handling in manufacturing plants and related activities.

JSL SA

TD Cowen analyst Jason Gabelman maintains Chevron (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVX#NYSE">CVX</a>) with a Hold and raises the price target from $155 to $160.

News

Price Target

Analyst Ratings

TD Cowen Maintains Hold on Chevron, Raises Price Target to $160

Offerings

Infrared Cameras Holdings, Inc. - Common Stock

MSAI

MultiSensor AI Files Prospectus For The Offer And Sale Of Up To 5.3M Shares Of Common Stock

Evercore ISI Group analyst Chris McNally maintains Tesla (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) with a In-Line and lowers the price target from $155 to $145.

TSLA

Evercore ISI Group Maintains In-Line on Tesla, Lowers Price Target to $145

Macro Economic Events

Macro Notification

Economics

General

AAPL

SOFI

Benzinga Opening Bell Update: Tesla Rises On Baidu FSD Mapping Partnership, Bernstein Upgrades Apple, SoFi Reverses From Earlier Gains

William Blair analyst Ryan Merkel initiates coverage on AAON (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAON#NASDAQ">AAON</a>) with a Outperform rating.

Initiation

AAON

William Blair Initiates Coverage On AAON with Outperform Rating

Warren Buffett, notorious for his cherry sodas and aversion to splurges, is the king of value investing. But when it came to his billionaire buddy Bill Gates and popping the question, Buffett tossed frugality out the window, according to "The Deals of Warren Buffett Volume 2: The Making of a Billionaire" by Glen Arnold.
In 1993, Gates, accompanied by his future wife Melinda, visited Omaha, Nebraska, to attend a Berkshire Hathaway Inc. shareholder&#8217;s conference. They were greeted by Buffett, who quickly whisked them away to Borsheims, a high-end jewelry store owned by his company, intent on helping them select a diamond engagement ring.&nbsp;
During the shopping trip, Buffett challenged Gates to embrace a grand gesture of affluence.&nbsp;
<h2 class="wp-block-heading">Don't Miss:</h2>
<ul>
<li>Investing in real estate just got a whole lot simpler. This <a href="https://www.benzinga.com/go/bezos-landlord">Jeff Bezos-backed startup will allow you to become a landlord</a> in just 10 minutes, and you only need $100.</li>
<li>Want To Grow Your Wealth Passively? Unlock Real Wealth with <a href="https://www.benzinga.com/money/cityfunds-yield">Cityfunds&#8217; Exclusive 8% Yield Fund</a>.</li>
</ul>
&#8220;I spent 6% of my net worth on an engagement ring back in 1951,&#8221; Buffett told Gates, suggesting that the Microsoft Corp. founder do the same. At the time, Gates&#8217; net worth was estimated at $6.2 billion, which meant following Buffett's advice would set the ring&#8217;s price at $370 million.&nbsp;
Despite the suggestion, Gates did not indulge in the recommendation. Instead, he chose a more understated approach, ultimately proposing to Melinda with a 1-carat diamond ring. Reflecting on the day's less-than-extravagant outcome, Buffett later said, &#8220;We didn&#8217;t have quite as big a day that Sunday as I had hoped.&#8221;
Trending:
<ul>
<li>Elon Musk Is Bullish On Austin. Here&#8217;s <a href="https://www.benzinga.com/go/musk-austin">How To Invest In The City&#8217;s Growth Before He Floods It With New Tech Workers</a>.</li>
</ul>
The proposal led to a marriage in 1994, and the Gateses were together for 27 years before their separation. Their union was managed without a prenuptial agreement but through a separation agreement when they parted ways. Reports circulated that Melinda Gates received around $76 billion, though this was not officially confirmed.
If Gates had taken Buffett's advice, today&#8217;s equivalent of such a purchase would be around $800 million, accounting for inflation. With such a budget, Gates could have acquired some of the world's most famous diamonds, like the 59.6-carat Pink Star or the 14.62-carat Oppenheimer Blue.
While Gates may not have been keen on spending millions on an engagement ring, he did not hold back when it came to his residence. His Medina, Washington, estate, known as Xanadu 2.0 after the fictional home of Charles Foster Kane from &#8220;Citizen Kane,&#8221; represents a significant investment. Located in an affluent Seattle suburb, that also was home to Amazon.com Inc. Founder Jeff Bezos, Gates bought the land in 1988 for $2 million and spent $63 million building the expansive 66,000-square-foot mansion, now valued at around $130 million. The home is renowned for its high-tech features, a major contrast to Buffett, who still resides in the modest Omaha home he purchased in <a href="https://www.benzinga.com/real-estate/23/08/33577953/warren-buffetts-31-500-house-is-now-worth-1-44-million-but-he-says-he-would-have-made-far-more-money">1958 for $31,500.</a>
Read Next:
<ul>
<li>Dara Khosrowshahi-Backed Startup Lets You <a href="https://www.benzinga.com/go/dara-backed-startup">Become a Landlord with $100</a>.</li>
<li>Miami Is Expected To Take New York's Place As The US Financial Capital. <a href="https://www.benzinga.com/go/miami-financial-capital">Invest In It With $500 Before That Happens</a>.</li>
</ul>

Real Estate

Warren Buffett Tried Convincing Bill Gates To Pay Nearly $400 Million For An Engagement Ring — The Marriage Ended In A Divorce With No Prenup

MBIO

Mustang Bio Files For Offering Of Up To 15.6M Shares Of Common Stock, Together With Accompanying Warrants

JinkoSolar Holding Co Ltd (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JKS#NYSE">JKS</a>) shares are trading higher after the Shanghai, China-based company <a href="https://www.benzinga.com/pressreleases/24/04/n38484719/jinkosolar-announces-first-quarter-2024-financial-results" target="_blank" rel="noreferrer noopener">reported first-quarter fiscal 2024 results</a>.
JKS's Q1 revenue decreased 1.2% year-over-year to $3.19 billion, missing the consensus of $3.25 billion.
Quarterly shipments increased 51.2% Y/Y to 21,907 MW (19,993 MW for solar modules and 1,914 MW for cells and wafers).
See Also: <a href="https://www.benzinga.com/markets/equities/23/12/36138172/solar-energy-broke-records-in-2023-why-are-shares-tumbling">Solar Energy Broke Records In 2023, Why Are Shares Tumbling?</a>
Gross margin for the quarter stood at 11.9%, compared to 17.3% in Q1 2023, reflecting decreases in the average selling price of solar modules.
Loss from operations was RMB339.6 million ($47.0 million), compared to RMB1.21 billion income from operations in the first quarter of 2023.&nbsp;
JinkoSolar Adjusted net income was RMB 470.3 million ($65.1 million), compared to RMB 836.4 million a year ago. Earnings per ADS was RMB 11.28 ($1.56) basic and RMB 5.36 ($0.74) diluted.
As of March 31, JinkoSolar held $2.44 billion in cash, equivalents, and inventories were $2.79 billion.
Leveraging N-type technology, a broad operation network, and advanced capacity, module shipments grew 53.3% year-over-year to 19.99 GW. 
N-type modules comprised nearly 80% of these shipments, with about 50% going to North America. Order book visibility for 2024 currently exceeds 70%. 
The company stated that the newly added installations in China reached 45.7 GW (+35.9% Y/Y). Module exports totaled 61.7 GW (+20% Y/Y).&nbsp;
JKS is optimistic about increasing global demand for N-type technology and plans to maintain leadership by improving technology, production capabilities, and cost efficiency. By the end of 2024, they aim for N-type cell efficiency at 26.5% and expect these modules to constitute nearly 90% of their shipments due to high demand.&nbsp;
The company is limiting capacity expansion in 2024, focusing on advanced N-type capacity, including 28 GW at their Shanxi, China plant.&nbsp;
Outlook:&nbsp;The Shanghai, China-based company expects its second-quarter module shipments to be around 24.0 GW and 26.0 GW.
The company expects FY24 module shipments of 100.0 GW to 110.0 GW. JinkoSolar expects its annual production capacity for mono wafers, solar cells, and solar modules to reach 120.0 GW, 110.0 GW, and 130.0 GW by the end of 2024.
Price Action: JKS shares are trading higher by 3.56% at $25.00 premarket at the last check Monday.
Now Read: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/23/12/36290909/goldman-sachs-still-likes-solar-stocks-despite-sunpower-collapse-fears-upgrades-enp">Goldman Sachs Still Likes Solar Stocks Despite SunPower Collapse Fears &#8211; Upgrades ENPH, CSIQ</a>
Image: Unsplash

Earnings

Guidance

JinkoSolar's Q1 Miss Offset By Strong Outlook, Shares Rally As Shipments Surge

Seaport Global analyst David Joyce upgrades Sirius XM Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SIRI#NASDAQ">SIRI</a>) from Neutral to Buy and announces $4.3 price target.

Upgrades

SIRI

Seaport Global Upgrades Sirius XM Holdings to Buy, Announces $4.3 Price Target

WIIM

ICICI Bank shares are trading higher following Q4 earnings.

SINT

SiNtx Technologies shares are trading higher after the company and Prodways Printers announced they have entered into a technical partnership and ceramic slurry supply agreement.

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) moved lower, with the cryptocurrency prices trading below the key $63,000 level on Monday.
Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) also recorded losses, trading below the key $3,200 mark this morning.
Helium (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/hnt/usd">HNT</a>) was the top gainer over the prior 24 hours, while Conflux (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/cfx/usd">CFX</a>) turned out to be the biggest loser.
At the time of writing, the global crypto market cap fell to $2.31 trillion, recording a 24-hour decline of 2.5%. BTC was trading lower by 1.8% at $62,347 while ETH fell by around 3.6% to $3,165 on Monday.
Here are the top ten crypto gainers and losers over the past 24 hours:
<h3 class="wp-block-heading">Gainers&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</h3>
Helium (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/hnt/usd">HNT</a>)
<ul>
<li>Price: $5.30</li>
<li>24-hour gain: 14.6%</li>
</ul>
Wormhole (CRYPTO: W)
<ul>
<li>Price: $0.6378</li>
<li>24-hour gain: 7.6%</li>
</ul>
Lido DAO (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">LDO</a>)
<ul>
<li>Price: $2.13</li>
<li>24-hour gain: 4.1%</li>
</ul>
Sei (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">SEI</a>)
<ul>
<li>Price: $0.6121</li>
<li>24-hour gain: 2.7%</li>
</ul>
Arweave (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">AR</a>)
<ul>
<li>Price: $35.74</li>
<li>24-hour gain: 1.8%</li>
</ul>
<h3 class="wp-block-heading">Losers</h3>
Conflux (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/cfx/usd">CFX</a>)
<ul>
<li>Price: $0.2229</li>
<li>24-hour drop: 12.5%</li>
</ul>
Maker (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/mkr/usd">MKR</a>)
<ul>
<li>Price: $2,793.59</li>
<li>24-hour drop: 8.9%</li>
</ul>
Core (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">CORE</a>)
<ul>
<li>Price: $2.08                </li>
<li>24-hour drop: 8.1%</li>
</ul>
Gala (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">GALA</a>)
<ul>
<li>Price: $0.04399</li>
<li>24-hour drop: 7.5%</li>
</ul>
Optimism (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">OP</a>)
<ul>
<li>Price: $2.46</li>
<li>24-hour drop: 6.7%</li>
</ul>
Read This Next: <a href="https://www.benzinga.com/news/earnings/24/04/38482010/dominos-pizza-yum-china-and-3-stocks-to-watch-heading-into-monday">Domino&#8217;s Pizza, Yum China And 3 Stocks To Watch Heading Into Monday</a>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

Intraday Update

Markets

Movers

$BTC

$CFX

$CORE

$ETH

$GALA

$HNT

$LDO

$MKR

$SEI

Bitcoin Falls Below $63,000; Conflux, Maker Among Top Losers

Seaport Global analyst David Joyce upgrades Liberty SiriusXM Gr (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LSXMA#NASDAQ">LSXMA</a>) from Neutral to Buy and announces $36 price target.

LSXMA

Seaport Global Upgrades Liberty SiriusXM Gr to Buy, Announces $36 Price Target

Coastal Finl (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCB#NASDAQ">CCB</a>) reported quarterly earnings of $0.50 per share which missed the analyst consensus estimate of $0.76 by 34.21 percent.

Earnings Misses

Coastal Finl Q1 2024 Adj EPS $0.50 Misses $0.76 Estimate

B of A Securities analyst Ken Hoexter maintains Saia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SAIA#NASDAQ">SAIA</a>) with a Buy and lowers the price target from $645 to $484.

SAIA

B of A Securities Maintains Buy on Saia, Lowers Price Target to $484

Seaport Global analyst David Joyce upgrades Roku (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) from Neutral to Buy and announces $74 price target.

ROKU

Seaport Global Upgrades Roku to Buy, Announces $74 Price Target

B of A Securities analyst Julien Dumoulin-Smith maintains Xcel Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/XEL#NASDAQ">XEL</a>) with a Buy and raises the price target from $63 to $66.

B of A Securities Maintains Buy on Xcel Energy, Raises Price Target to $66

Citigroup analyst Atif Malik maintains Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) with a Buy and lowers the price target from $220 to $210.

Citigroup Maintains Buy on Apple, Lowers Price Target to $210

SpaceX CEO Elon Musk on Sunday said that the company will work towards reusing the Falcon 9 rocket&#8217;s boosters and fairings for 42 missions each after an X user challenged him to it. 
What Happened: A SpaceX Falcon 9 rocket launched the European Commission&#8217;s Galileo L12 mission to medium earth orbit from Florida on Saturday. The mission was the 20th and last flight of the first-stage booster that supported the mission. 
The particular booster, SpaceX said, launched about 200 spacecraft as part of its rideshare program, supported 13 Starlink missions, and even sent Intuitive Machine&#8216;s<a href="https://www.benzinga.com/24/02/37276634/intuitive-machines-built-odysseus-achieves-first-us-soft-landing-on-moon-since-1972-nasa-chief-says"> lunar lander to the Moon.</a>
&#8220;In total, this Falcon delivered 228+ metric tons to Earth orbit and beyond,&#8221; SpaceX said. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">This Falcon 9 first stage has launched ~200 spacecraft as part of our Rideshare program, supported 13 <a href="https://twitter.com/Starlink?ref_src=twsrc%5Etfw">@Starlink</a> missions to help connect people all around the world with high-speed, low-latency internet, sent a lunar lander to the Moon, and more. In total, this Falcon delivered… <a href="https://t.co/IDul5eJIum">pic.twitter.com/IDul5eJIum</a>
&mdash; SpaceX (@SpaceX) <a href="https://twitter.com/SpaceX/status/1784383268571529672?ref_src=twsrc%5Etfw">April 28, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
The company is now working towards making its Falcon boosters capable of supporting 40 missions each, the rocket manufacturer said. &#8220;Increasing Falcon&#8217;s flight count provides valuable information on repeated reuse, a critical element for making life multi-planetary with Starship,&#8221; SpaceX wrote on X. 
However, an X user chimed in to say, &#8220;Look, if you're not going to 42 you're not even trying.&#8221; The user, Eric Berger, is a rocket enthusiast and editor at technology news website Ars Technica.
&#8220;Haha true! Challenge accepted,&#8221; Musk responded, hinting that the company would now attempt to make reuse possible for 42 missions. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Haha true! Challenge accepted.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1784398108966941093?ref_src=twsrc%5Etfw">April 28, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Why It Matters: Musk's SpaceX is attempting to make its rockets reusable in an attempt to bring down the cost of spaceflight.
In July 2023, Musk warned that rocket manufacturers will&nbsp;<a href="https://www.benzinga.com/news/23/07/33383081/elon-musk-tells-rocket-makers-go-all-in-on-reusability-or-be-utterly-uncompetitive" target="_blank" rel="noreferrer noopener">need to go all-in on reusability</a>&nbsp;or risk being uncompetitive.
"Rockets are no different from other transport technologies, just harder to make reusable. No one would buy a single-use airplane, car or even bicycle! You'd need to tow another car just for the return trip," Musk then said.
Check out more of Benzinga's Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link</a>.
Read More:&nbsp;<a href="https://www.benzinga.com/news/24/04/38483089/after-china-tesla-announces-european-tour-for-cybertruck-despite-sales-being-limited-to-us">After China, Tesla Announces European Tour For Cybertruck Despite Sales Being Limited To US</a>
Image Via Shutterstock

SPACE

Tech

'Challenge Accepted:' SpaceX CEO Elon Musk Agrees To Make Falcon Boosters Support 42 Missions After Retiring Booster That Launched Intuitive Machines' Lunar Lander

AstraZeneca plc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AZN#NASDAQ">AZN</a>) <a href="https://www.astrazeneca.com/media-centre/press-releases/2024/enhertu-improved-pfs-in-her2-low-and-ultralow.html" target="_blank" rel="noreferrer noopener">reported</a> topline data from a metastatic breast cancer treatment study.
The results showed that&nbsp;Enhertu&nbsp;(trastuzumab deruxtecan) demonstrated a statistically significant and clinically meaningful improvement in progression-free survival (PFS) compared to standard-of-care chemotherapy in the primary trial population of patients with HR-positive, HER2-low (IHC 1+ or 2+/ISH-) metastatic breast cancer following one or more lines of endocrine therapy.
A statistically significant and clinically meaningful improvement in PFS was also observed in the overall trial population (patients with HER2-low and HER2-ultralow [defined as IHC 0 with membrane staining; IHC &gt;0&lt;1+] metastatic breast cancer).&nbsp;
Related: <a href="https://www.benzinga.com/general/biotech/24/04/38430571/astrazeneca-posts-bumper-earnings-on-strong-sales-from-cancer-drugs-sticks-to-annual-guidance" target="_blank" rel="noreferrer noopener">AstraZeneca Posts Bumper Earnings On Strong Sales From Cancer Drugs, Sticks To Annual Guidance</a>.
A prespecified subgroup analysis showed that clinically meaningful improvement was consistent between patients with HER2-low and HER2-ultralow&nbsp;expression.
Overall survival (OS) data were not mature at the time of the analysis. However, Enhertu showed an early trend towards an OS improvement. It was compared to standard-of-care chemotherapy in patients with HER2-low metastatic breast cancer and the overall trial population. 
The trial will continue to assess OS and other secondary endpoints further.
Enhertu&nbsp;is a HER2-directed DXd antibody-drug conjugate discovered by&nbsp;Daiichi Sankyo&nbsp;(OTC:<a class="ticker" href="https://www.benzinga.com/stock/DSKYF#OTC">DSKYF</a>) (OTC:<a class="ticker" href="https://www.benzinga.com/stock/DSNKY#OTC">DSNKY</a>) and is being jointly developed and commercialized by AstraZeneca and Daiichi Sankyo.
Concurrently, AstraZeneca's&nbsp;Truqap&nbsp;(capivasertib) in combination with&nbsp;Faslodex&nbsp;(fulvestrant) has been&nbsp;<a target="_blank" href="https://www.astrazeneca.com/media-centre/press-releases/2024/truqap-recommended-for-eu-breast-cancer-approval.html" rel="noreferrer noopener">recommended</a>&nbsp;for approval in the European Union for adult patients with estrogen receptor (ER)-positive, HER2‑negative locally advanced or metastatic breast cancer with one or more PIK3CA, AKT1, or PTEN-alterations following recurrence or progression on or after an endocrine-based regimen.
The Committee for Medicinal Products for Human Use of the European Medicines Agency based its opinion on the CAPItello-291&nbsp;Phase 3 trial results.
Truqap in combination with Faslodex reduced the risk of disease progression or death by 50%. Compare that to Faslodex alone in patients with tumors harboring PI3K, AKT, or PTEN alterations (based on a hazard ratio of 0.50, p=&lt;0.001; median PFS 7.3 versus 3.1 months).
Price Action:&nbsp;AZN shares are up 1.65% at $76.41&nbsp;during the premarket session at the last check Monday.